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$2,000,000

Burlington ON, L7S 1E8

MLS® # W12484555

Property Information:

Detached 2-storey home, currently demised into 2 residential rental units. Main unit features 4 bedrooms, 1 washroom & kitchen. Studio unit includes a washroom & kitchen. Half-bath in unfinished basement. On a 37' x 160' lot (6,027 SF). Home is located a short walk away from Lakeshore Rd, the Waterfront Trail, Spencer Smith Park with its Burlington Lakeshore Playground, and Lake Ontario! Quiet neighbourhood compared to busy GO station areas. Can be purchased with 3 additional adjacent properties 1280, 1286, and 1290 to form a 30,104 SF (0.69 ac) high-rise site (already designated as such in Burlington OP). Total site dimension of 4 properties: 187 ft x 160 ft. Vacant possession of all 4 properties is possible, or Buyer can assume tenants for holding income until redevelopment. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air, Not known, Not known
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 2
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 160.3 Feet
  • Lot Frontage: 37.6 Feet
  • Lot Size: 37.6 x 160.4 FT
  • Zoning: H-DRH
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1292 ONTARIO STREET, Burlington, Ontario, L7S 1E8

Demographic Information of 1292 ONTARIO STREET, Burlington, Ontario, L7S 1E8

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$109,677.76

Average Number of Children

1.39

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.82 %

High school certificate or equivalent

33.22 %

Apprenticeship trade certificate/diploma

6.32 %

College/non-university certificate

24.66 %

University certificate (below bachelor)

1.59 %

University Degree

23.39 %

Commuter

Travel To Work

By Car

73.97 %

By Public Transit

9.01 %

By Walking

9.72 %

By Bicycle

0.0 %

By Other Methods

7.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.54 %

Houses

10.46 %

Own Vs. Rent